India

Apex Court Stays Hasan Ali’s Bail Plea

New Delhi: The Supreme Court today stayed a Mumbai court order that had granted bail to Hasan Ali Khan. The court also granted a four-day custody of Khan to the Enforcement Directorate (ED).

Khan, whose different businesses include real estate, stud farms, and scrap dealerships, has been accused of stashing $8 billion in Swiss banks.

Stung by a Mumbai court’s rejection of its plea for custodial interrogation of Hasan Ali Khan, the Enforcement Directorate had today moved the Supreme Court, challenging refusal of its plea against the Pune-based stud farm owner allegedly involved in stashing black money abroad.

A bench of Justice B Sudershan Reddy and Justice SS Nijjar took up the plea at 2pm. The bench had earlier chided the Centre for failing to subject Khan and other alleged money launderers to custodial

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